News
Governor Murphy Signs Legislation Providing $15 Million in Aid to Arts and Cultural Venues
Governor Phil Murphy today signed into law S-3521, which provides $15 million in federal COVID-19 relief aid for arts and cultural venues throughout New Jersey. The bill – sponsored by Senators Joseph Lagana, Dawn Marie Addiego, and Vin Gopal and Assembly Members...
SBA to Open Shuttered Venue Operators Grants for Applications on April 8 at NOON
The U.S. Small Business Administration will officially open the Shuttered Venue Operators Grant (SVOG) application portal tomorrow, April 8, 2021 at 12 p.m. EDT for operators of live venues, live performing arts organizations, museums and movie theatres, as well as...
Governor Phil Murphy Signs Legislation Providing $25 Million in Small Business Aid
Governor Phil Murphy yesterday signed into law S-3523, which provides $25 million in federal COVID-19 relief aid for small businesses throughout New Jersey. The bill – sponsored by Senators Dawn Marie Addiego and Joe Lagana and Assemblymen Gordon Johnson, John Armato,...
BOEM issues Notice of Intent to prepare an Environmental Impact Statement for Ocean Wind
Earlier this week, the Biden Administration announced several exciting initiatives related to the expansion the offshore wind industry. As part of this announcement, the Bureau of Ocean Energy Management (BOEM) released a Notice of Intent (NOI) to prepare an...
NJEDA Releases Emerge Program Preliminary Rules for Public Feedback
The New Jersey Economic Development Authority (NJEDA) today released a draft of the rules and targeted industry definitions under which the new Emerge business tax incentive program will be administered. Members of the public are encouraged to review the preliminary...
Shuttered Venue Operators Grant Applications Starting on April 8
Did you miss the national Shuttered Venue Operators Grant informational webinar on March 30 highlighting the application process for potential eligible entities? The webinar was recorded and you can view it here. For more information about the Shuttered Venue...
Governor Murphy Announces Increased Outdoor Gathering Limits and Increased Capacity for Large Venues
On March 29, Governor Phil Murphy signed Executive Order No. 234, which will increase outdoor gathering limits and increase capacity for seated events at large venues. The Order also clarifies indoor capacity limits for banquet halls and similar venues. “With the...
NJ business community vents on COVID-19 restrictions during virtual town hall
On March 18, Greater Atlantic City Chamber president, Michael Chait and 12 other speakers from the education, retail, service, tourism and child care industries took part in the town hall, hosted by the New Jersey Business & Industry Association, to call upon the...
U.S. Air Force: F-35 is the ‘Cornerstone,’ ‘Core’ Airplane
Senior U.S. Air Force leaders recently reemphasized their support for the F-35, calling the 5th Generation fighter the “cornerstone” of the Air Force’s tactical capability. The remarks were intended to clarify recent erroneous media coverage claiming that the “Air...
Atlantic City Homebuyer Program Recap
The Greater Atlantic City Chamber joined with the Chelsea EDC and three other neighborhood EDCs (Ducktown, Midtown and Inlet) Wednesday, March 10, 2021 for a free Zoom webinar that introduced attendees to the homebuying process, making them aware of all the programs...
Governor Murphy Announces Increased Capacity Limits for Indoor Businesses and Indoor and Outdoor Gatherings
Today, Governor Phil Murphy signed Executive Order No. 230, which will increase indoor capacity limits for certain businesses and increase both the general indoor and outdoor gathering limit. “We believe we can confidently take these steps today as our COVID-19...
New Jersey Chamber Alliance provides feedback on NJ Fiscal Year 2020 budget to NJ Legislators
On March 8, your Greater Atlantic City Chamber joined the New Jersey State Chamber of Commerce and the New Jersey Chamber Alliance penned a letter to NJ State Legislators to provide feedback and offer suggestions about ways to most effectively allocate funds that will...
Pending NJ DEP regulations can devalue land and stymie development
Yesterday, your Greater Atlantic City Chamber sent a letter to New Jersey Lieutenant Governor Sheila Oliver and additional state and local elected officials expressing concerns regarding pending regulations from the New Jersey Department of Environmental Protection...
Coalition Seeks Specific Benchmarks for Further Reopening of NJ Businesses
As businesses continue to suffer economically from COVID-19 related operating restrictions, the Greater Atlantic City Chamber joined the NJBIA and the New Jersey Business Coalition in asking Gov. Phil Murphy for more specific details on a comprehensive state reopening...
Governor Murphy Expands Small Business Lease Assistance Grant Program by $5 Million
Governor Phil Murphy today announced an additional $5 million has been allocated to the Small Business Lease - Emergency Assistance Grant Program (SBL-EAGP), which allows businesses in 64 legislatively designated municipalities to apply for grants of up to $10,000 for...
Governor Murphy Signs Executive Order Raising Indoor Capacity Limits from 25 Percent to 35 Percent for Certain Businesses
On February 3, 2021, Governor Phil Murphy signed Executive Order No. 219, which increases indoor capacity limits from 25 percent to 35 percent for several businesses, including food and beverage establishments and entertainment and recreational businesses, effective...
New Jersey Business Coalition Urges for State and Federal Support
The Greater Atlantic City Chamber as a member of the New Jersey Business Coalition, along with dozens of leaders of major business associations, penned two letters this week seeking continued support for recovery efforts. One letter was sent to Governor Muprhy and the...
NJEDA Announces $10 Million Second Phase of its Small Business Emergency Assistance Loan Program
The New Jersey Economic Development Authority (NJEDA) today announced it will open pre-registration for Phase 2 of its Small Business Emergency Assistance Loan Program at 9:00 a.m. EST on Wednesday, February 10, 2021. The $10 million program expansion will support New...
GOPAL, SWEENEY BILL TO ALLOW COUNTY-BASED PLANS FOR COVID-19 RE-OPENINGS PASSES COMMITTEE
In response to statewide guidelines requiring businesses to close or reduce operations due to the COVID-19 pandemic, the Senate Commerce Committee today advanced legislation sponsored by Senator Vin Gopal and Senate President Steve Sweeney which would establish a...
Ørsted Pro-NJ Grantor Trust launches with expressions of interest accepted beginning February 1
Today, the Trustees of Ørsted’s Pro-NJ Grantor Trust Fund announced details of the fund and the process to apply. The $15 million fund was established by Ørsted following the selection of its Ocean Wind offshore wind farm project by the New Jersey Board of Public...
Additional PPP Guidance and Resources: How to Calculate Maximum Loan Amounts for First Draw
SBA, in consultation with the Treasury Department, has recently released additional PPP guidance and resources: How to Calculate Maximum Loan Amounts for First Draw PPP Loans and What Documentation to Provide – By Business Type (Released 1/17/2021) SBA, in...
SENATE COMMITTEE ACTS ON SWEENEY-SINGLETON BILL TO UPGRADE WATER & VENTILATION SYSTEMS
A Senate committee today approved a bill sponsored by Senate President Steve Sweeney and Senator Troy Singleton that would help schools and small businesses in New Jersey upgrade their water and ventilation systems to better protect the health of students, educators,...
SBA Re-Opening Paycheck Protection Program to Small Lenders Today and All Lenders on Tuesday, January 19
The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, will re-open the Paycheck Protection Program (PPP) loan portal to PPP-eligible lenders with $1 billion or less in assets for First and Second Draw applications on Friday,...
SBA and Treasury Announce PPP Re-Opening; Issue New Guidance
The U.S. Small Business Administration (SBA), in consultation with the Treasury Department, announced today that the Paycheck Protection Program (PPP) will re-open the week of January 11 for new borrowers and certain existing PPP borrowers. To promote access to...
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